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Committee fails to reach agreement on FY2026 revenue projection; action postponed
Summary
Committee members considered competing FY2026 general fund projections but did not adopt a number after voting on a substitute ($6.33 billion) and the original motion (EORAC $6.4 billion); neither motion achieved the committee's required cross-caucus majorities, so the decision was postponed.
The Joint Finance and Appropriations Committee debated competing revenue baselines for fiscal year 2026 but did not adopt a figure Friday after substitute and original motions failed to secure the committee's required majorities in both the Senate and House caucuses.
Keith Bybee summarized two competing forecasts: the Economic Outlook and Revenue Assessment…
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